TL;DR - if you want to go up against the king, you should probably be better than them in some way.
I completely agree that copycat online gambling casinos are lazy and they do not spark the confidence of the person who wishes to deposit their funds on such a unprofessional website. But as far as Stake.com goes, it does have the exact opposite effect. Everyone copying them means they have built quite the decent website. Many of the new copycats are understandable. They are new businesses with low capital so they cannot afford anything fancy, just yet. It would be bad for them if they were victim to an exploit. Using a stable build might be better until they learn more about how to run a casino. |
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this is a very interesting fact, people waiting in line must be very curious about what is really in the casino, I can't imagine the euphoria that happened in the world's first casino. Even though it was the very first casino, which may have contributed towards the enthusiasm and excitement of the whole situation, I doubt that the people did not understand the risks of gambling as gambling itself was definitely not a new concept. People just just gambled in private. The crowd was probably just thrilled at the idea of official gambling and something new. Gambling may have not quite been legal yet, at that point. I imagine its like when weed got legalized. Gambling does exist in different forms before it actually becomes a business. People used to play gambling at individual levels however as the technology evolved, gambling become a proper business and thus it was promoted to the public as a means to get quick income without much effort however the reality is otherwise. When internet was invented, online gambling was also introduced and now everyone can access gambling platforms on their laptops and phones. I agree with most of what you are saying however there is a single point with which I would have to disagree. Calling gambling a business, or rather, a proper business is rather a long shot. It's always been half a scam due to its widely unregulated and unchecked nature. That has not really changed with today's technology. In fact, the internet may contributed to this wild side of gambling |
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Thank you for your useful contribution. Indeed, using Bitcoin to launder stolen money is not a Bitcoin crime and should not be attributed to Bitcoin. He could have just as well used any other different store of value as a means to an end and would have reached the same result. We should be careful about putting Bitcoin in a bad light as this will only slow down the rate of Bitcoin adoption and give bankers smiles on their faces. |
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Better late than never!
A lot of people are still pushing the "bad guys use bitcoin hurr durr" narrative not even taking into account that literally any tool out there can be used for both good and bad; and even forgetting that the very currency they're using everyday is being used for malicious purposes as well.
I believe that the narrative of "only bad guys use bitcoin" has got to be propaganda of Bitcoin opponents who actively have something to lose (in most cases, obviously profit) from the mass adoption of Bitcoin. These are the pushers of said propaganda. I cannot imagine anyone else wanting to hurt the reputation of Bitcoin with such obvious lies. Anyone who adopted Bitcoin even a week ago knows it's a lie. So it can't be ignorance fueling the anticoinery. It's got to be bankers and regulators. |
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this is a very interesting fact, people waiting in line must be very curious about what is really in the casino, I can't imagine the euphoria that happened in the world's first casino. Even though it was the very first casino, which may have contributed towards the enthusiasm and excitement of the whole situation, I doubt that the people did not understand the risks of gambling as gambling itself was definitely not a new concept. People just just gambled in private. The crowd was probably just thrilled at the idea of official gambling and something new. Gambling may have not quite been legal yet, at that point. I imagine its like when weed got legalized. |
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So I just stumbled across this post from Greg Maxwell on Reddit: https://www.reddit.com/r/Bitcoin/comments/ws8wfd/starting_september_12th_in_oslo_norway_hodlonaut/ikxqxoo/. Everyone with even a passing interest in bitcoin (which includes you, if you are reading this forum) should read this post. In fact, I would read the whole thread, because Greg has made a number of excellent posts. Next month a pseudonymous individual by the handle of Hodlonaut will go to court in Norway to defend himself against known fraudster CSW. For anyone out of the loop, here is an update on the case: https://bitcoinmagazine.com/culture/timeline-of-hodlonaut-craig-wright-case. The very abridged version is that Holdonaut posted on Twitter what everyone knows - that CSW is not Satoshi - and now there is a court case to determine whether these tweets are lawful and whether Hodlonaut has to pay damages to CSW. This case doesn't just affect Hodlonaut; it affects all of us. Hodlonaut is not just defending himself; he is defending us all, as explained in Greg's post I linked to above. So what can we do to help? Well, CSW is being bankrolled by Calvin Ayre and CoinGeek. Hodlonaut, on the other hand, is being bankrolled by nobody. Got some spare sats kicking around? I can think of no worthier cause than the defense of bitcoin itself. https://www.defendingbtc.com/https://nitter.it/defendingBTC#WeAreAllHodlonaut I can't believe that a delusional scumbag like fake-toshi (aka Craig Wright) is still among us. Such disgusting people usually run afoul of the wrong people at some point in their life and either screw themselves legally to the point of imprisonment or worse. I think he has mental problems which is why he is so starved for attention to the point of publically making a fool out of himself. I am definitely on the side of the poor guy he is suing. But there's no way in hell fake-toshi will win. In fact, I hope he gets what's coming to him for putting someone through such emotional distress.  |
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I think that in some regards, gambling on sports events bears some similarities to day trading. Which is to say if you make a decision and back out early, then not only do you miss out on profit, (or in the case of gambling, winnings) but you miss out on your own funds because you make losses while "flip flopping" because of your own uncertainty.
It's a really bad decision, in the long term.
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A lot of poker game tournaments have been announced on this board over time, and am I kind of wondering what makes poker games so inclined to the tournament and we don't see such competitions being announced for other games?
That is actually quite a good question. One that I have never thought of until now. If I had to make an educated guess, I would say that with poker games it does not feel like the players are entirely involved in a luck based activity like gambling but rather it feels like each player has a strategy behind each of his moves. There is even a psychoanalytic component players try to calculate. I guess this makes it fun to watch for observers. But that's just a guess of mine. |
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Should employers screen employees for gambling problems before hiring them?
The fact that people ask questions like that shows how incorrigible and corrupt our ideas of employment are. Why should anyone get to pry into someone's life like that?
What's next, do employers get a list of my medical history and my bank statements for the last 10 years?
I think employers should not be given such rights. It's in human nature to make mistakes. We should not be penalized by random strangers in the future for them
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Recently it has been seen that some countries have accepted Bitcoin as legal tender. But my question is more adoption of btc and taking it as legal tender aren't going to harmful for the economy of a country, specially when btc is in bearish ?
Or is it better to use it through control to avoid illegal or the bad side effect on economy?
Many countries have still outlawed it for not being able to control it.
That last sentence that you wrote really puts what i wanted to reply in a nutshell. Many countries have outlawed it because they are not able to control it. And honestly, by now they have proven that they simply cannot do anything except scare people into believing that they somehow can. The economy won't be harmed. In fact, a transparent, fair and verifiable market which cannot be corrupted will only benefit the economy. The only ones it hurts are the people who profit from financial corruption. That's why corrupt countries like china try to desperately ban it. |
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Here is an interesting article for online casino lovers. This article talks about the online casino trends that are happening because of the rapid advancement in digital technology in the gambling and the gaming industry. The article lists the trends in online casinos in 2022. These trends are highlighted below: - Crypto is dominating gambling circles
- Gamblers in restricted locations can still play
- Rapidly changing consumer habits
- More live games on offer
- Virtual reality games on the rise
- Land-based casinos trending downwards
- Evolution of slots games
- New table games
- Gambling on smartwatches on the move
Have you noticed any online casino trends in 2022 not listed in the article? You can read the articles here: https://blog.bc.game/online-casino-trends/Online casino trends are a fantastic idea for this gambling discussion subforum and I think we would benefit from making a yearly or even monthly traditional of gathering the data and posting it here for our fellow Bitcointalk gambling community members. Although having said that, I don't want to make your post seem inauthentic but I must ask: where and how did you gather the data (sources)? We should make sure that the data stays accurate. |
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244,000 metric tons of gold has been discovered to date, 55,000 tons of gold are left.
But there is still a lot of gold left in the universe. There is gold on asteroids for example. One day these will be minable. So the gold supply is not as limited as some may think.
However, gold is hard to move around, weighs a lot, it's hard to sell or buy, it's not practicable.
With BTC it's another story. We all know there are only 21,000,000 coins and 3-4 millions are already lost forever.
There is no Bitcoin in the whole Universe, except on Planet Earth.
BTC is scarcer than gold. I think one day 1 BTC will enter the $xxx,xxx zone then the $x,xxx,xxx HODL BTC
I think that saying Bitcoin is scarcer than gold is totally wrong. First of all, you can divide Bitcoin into smaller parts and it works just the same. So this divisional fungibility really is what makes it possible for everyone to own some parts of a Bitcoin. Gold on the other hand needs to be a certain minimal quantity to be useful. Secondly and more importantly, Gold can be recycled but in a lot of use cases it's destroyed forever (made unrecoverable or not worth recovering). Bitcoin does not fall victim to entropy after too many uses. It stays fine as it is, no matter how many times it is used. So you will find it's gold that is slowly fading away and becoming scarce, not Bitcoin. It seems to me you are confusing scarcity with value because they share the same property of existing in a limited amount. |
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I am very curious to know how people are playing Slots. Option A : Do you play one slot for a long time, until you hit the feature or until you win something big? Option B : Do you jump between different slots, play for a while and then jump to the next slot? Option C : Do you set a target amount for each Slot and then stay with that? I think people's success with slots might be linked to the way they are playing it, so for instance... people playing one slot until it pay out, might be more succesful, than the person that are jumping from one slot to the next.  What strategy do you think, will lead to the maximum profits? (Variance and RTP of each slot also determine the way that you are supposed to play on the different slots) Let's discuss.....  This is a very interesting topic and I would love to read about all the different strategies that my fellow slot players have. My very own strategy of playing slot machine games might be a bit messy but it always starts off with a safety limit on how much I am willing to lose and at how much winnings I stop playing. I set a certain amount and divide it by the number of games I want to play. When I win 200%, I stop for the day. If I lose the allotted amount, I also stop for the day. This helps to keep my gambling under control and I get to play different games |
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Internet sensations and celebrity influencers are indeed making a mockery of the noble sport of boxing, if you were to ask me...
I have never liked seeing these "pretend" matches which only serve as entertainment for the lowest of minds in the world of boxing.
Although maybe they are just fillers because there are not enough famous boxers fighting, so they try to fill in the time with the celebrity influencer clowns.
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I think that the best possible way to win is playing at an online gambling casino with a long-standing good reputation and transparent and fair games which have been thoroughly vouched by community members.
In fact, the only community members who's word can be trusted would be our own forum members because our trust system really enforces truthful reviews.
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I really do not like to resemble anything short of what some people would call a party pooper, but I am not comfortable with the thread.
It's really bad opsec to the identify yourself as someone who has a certain amount of money.
By doing this you put a target on your back for scammers, fraudsters, regulators, tax officers and other criminal parasites.
I think it goes against the privacy that Bitcoin gives you in the first place.
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Cryptocurrency pioneers, nice to meet you, this is my dad's account.
He is a dedicated promoter of the crypto community. He used to explain Bitcoin to me when I was a kid. He watched Bitcoin come into being and grow. Because Bitcoin was too expensive to target for long-term storage, he often remorse. Many times he lost money by investing in cheaper altcoins, and the chronic stress of family life and work overload left him depressed.
I read the discussion on the development of Bitcoin in the early days of the forum, and felt very magical and incredible. This is a great invention, a great era. When Bitcoin was born, I was a 7-year-old ignorant girl, and I also missed it. got it.
We weren't there when shells were money, we weren't there when gold was there, we weren't there when cars were there, and I wasn't there when electricity was there. Those who can mine 50BTC or 25BTC in one block, you are the luckiest!
The developers of the Bitcoin community, a group of young geniuses, who did not want to have fun when they were young, but got into the field of cryptography and created a great Bitcoin. For their ideals and beliefs, I adore them very much!
I hate altcoins, they made my dad lose money and they are just imitating bitcoin, a lot of altcoins are just to scam money and then disappear, and the real king is bitcoin. So I call on everyone to join me and only believe in Bitcoin, abandon those altcoins that cheat money, and just follow it!
Allow me to welcome you on behalf of the Bitcoin talk community to our beloved forum. I would recommend that you walk in your father's footsteps and create your own personal Bitcoin talk account. Gather merits, be active in the community, learn more about Bitcoin, mining, cryptocurrency and blockchain. But the most important part is to have fun. If you need any assistance or if you have questions about anything, don't feel shy to ask away as you like. |
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Started playing at bitdice. Seemed fun at first.
I deposited 50$, won in the whole session 750$, super excited but then I saw chats coming in that withdrawals took 20 days or ppl didn't get conformation emails on withdrawals, so I got scared.
I withdrew 750$ and after 4 hours I got asked for kyc. I instantly send the documents and it has been 80+ hours and kyc hasn’t even been completed.
Live support keeps saying they’ll ping the team but nothing happens. Payment team also said they didn't receive my proof of funds which I send 6 hours before that as asked.
They keep making up reasons to delay the whole process and keep telling me to wait 24h and I'm sick of it.
I would not call $750 usd a "huge amount" because relative to the profits and turnover of the mentioned online gambling casino, or any gambling casino, for that matter, the amount is not significant. So I doubt that they have money troubles. They might be stalling to maximize their profits or because they have an ineffective kyc system. |
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If you ask me I think paid streamers are faking gambling. Its probably all in a secret agreement between them and the gambling casino...
They might, as someone else in this thread already mentioned, get a bunch of fake funds to gamble with, so when they win they can make it look like they made a lot of money and if they lose then they do not actually lose anything of value. Furthermore its all obvious PR and advertisements to get money by referalls. And even if there are regulations in place to prevent this "fake gambling" then the streamers would find a way to fake their winnings for the views anyway without the gambling casino partnerships. They would still get a lot of money from the referalls and other income sources from their viewers.
Obviously the referral reward cost is taken into account and comes from the casino's gambling turnover. So in the end, it's the viewers paying the streamers for duping them into gambling.
This is possible and they're all doing these things in the name of money. They uplift the gambling site by gaining their wins which will benefit both site and the paid streamers. But of course, they will not admit it though their winnings are too good to be true. Their goal is to attract more players by making them believe that they could win as much as the streamers win. The viewers who fall for their trap don't really matter to them so we should be wise and skeptical because not all that we can watch or see on the internet is true. Well in their defense (although I am not actually in their defense), screwing the small guy over has been the cornerstone of capitalism. This applies to almost any for-profit organisation or business. And it also applies to some non-profit organisations as well, no matter how they try to market it like they are the good guys. Its just in the nature of humans to be greedy and do anything to get someone else's money/power/belongings/status I really hope the governments at least try to regulate the bad sides which they can regulate. But again, its also the governments making huge profits off taxes from gambling. So probably there will be little to no change. The world is not a fair place. |
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- OWL for OwlGames - they offer 43% per annum on their OWL token, their currency has actually went up in value whilst all other cryptos went down - and why? Anyone knows?
Although I am not too certain what is behind the price rise in OWL, I suspect it could be artificial price pumping from the side of the OWLdao team. The reason for this speculation is because their token was very limited when it came to actually selling it. I worked in a signature bounty campaign where they paid part of my reward in BTC and part in OWL. I did not see OWL fall in price after the tokens were distributed even though the market cap was relatively small. So what happened? Well, I found it extremely difficult to find a way to sell the OWL tokens at an exchange with enough liquidity. The other option was signing up on some KYC exchange that I did not know about. I was not about to send some unknown exchange I have never heard of my personal information, so I kept waiting for a higher liquidity at the DEX where it was also listed. That liquidity never came so selling was not an option. I might be wrong but I think thats why its not falling. Because they have made their token annoying hard to swap/trade. |
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